10 Best Home Equity Loan Companies in 2021

Hello Sahabat!

Are you in need of funds for home renovations or debt consolidation? Applying for a home equity loan may be a solution for you. A home equity loan allows you to borrow money against the value of your home. The loan is secured by your property, which means the interest rates are typically lower than other forms of loans.

With numerous home equity loan companies available in the market, choosing the right one can be overwhelming. But don’t worry, in this article, we will introduce you to the 10 best home equity loan companies for 2021.

The 5 Best Home Equity Loans for 2023 | Free Buyers Guide has rated PenFed Credit Union as the best Home Equity Loan company for three consecutive years. Offering competitive interest rates and a variety of loan term options, PenFed Credit Union is a popular choice for homeowners in need of home equity loans.

Another excellent option is LendingTree. It is a marketplace that connects customers to various lenders, and they can apply for a home equity loan through their network of lenders. This option allows you to compare rates and terms from multiple lenders with just one application.

Third on our list is Figure, an online lender that uses artificial intelligence and blockchain technology to offer quick and convenient home equity loan options. They claim to provide loan approvals in as little as five minutes and fund loans in as little as five days.

The 5 Best Home Equity Loans for 2022 | Free Buyers Guide

Another top contender is Discover Home Equity Loans, which offers no application fees and competitive interest rates. They also provide loan amounts up to $200,000 with flexible repayment terms of 10 to 30 years.

Chase Bank also offers home equity loans with competitive rates and a variety of repayment terms. They also offer a HELoc (home equity line of credit) option, allowing you to borrow as much or as little as you need at any time.

Other Notable Home Equity Loan Companies

In addition to the top five companies mentioned above, there are other notable home equity loan companies worth considering.

One such company is Alliant Credit Union, which offers low rates and no hidden fees. They offer a variety of loan options, including fixed and adjustable-rate loans, with repayment terms up to 20 years.

Another option is State Farm Bank, which offers competitive rates and the option to borrow a lump sum or have a line of credit. They also offer flexible repayment terms ranging from five to 30 years.


In conclusion, getting a home equity loan can be an excellent way to tap into your home’s equity and lower your interest rates. Finding the right lender can be a challenging task, but our list of the 10 best home equity loan companies for 2021 can guide you in making an informed decision.

When comparing lenders, it is essential to consider factors such as interest rates, fees, repayment terms, and application processes. We hope this article has provided you with the necessary information to start your search for the ideal home equity loan company.

Thank you for reading, Sahabat! Until next time, keep exploring your financial options.

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